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Building a portfolio is a complex exercise, and it has to be maintained too. A person’s portfolio holds diff¬erent types of assets based on her financial goals, and each asset class gives di¬erent types of returns, which is why a portfolio must have an ideal mix of financial products. One must also keep in mind the volatility risk of the asset class, liquidity, lock-in rules and taxation. Here's a look at how four commonly used asset types—equity, cash, gold and fixed income—have done in diff¬erent periods.

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